A 28-year-old tenant farmer from Shropshire approached his bank for funding to purchase a second-hand slurry tanker that would allow him to expand his contracting business. Despite solid cashflow and a growing client list, his application was rejected due to a short trading history. For many young farmers, this is a familiar barrier — enthusiasm and opportunity limited by rigid banking criteria.
At Alchemy Business Finance, we see beyond the numbers. After a detailed assessment, we approved a £20,000 asset finance facility. The decision was made within 48 hours following a direct conversation with the farmer to understand his growth plans and workload commitments. The tanker was delivered within a week, allowing him to take on additional contracts and employ a full-time assistant.
Six months later, his revenue had increased by more than 30%, and his business reputation strengthened across the region. This success illustrates Alchemy’s commitment to supporting the next generation of agricultural entrepreneurs. As a direct funder, we assess risk with context, focusing on real business potential rather than restrictive metrics.
Our role is to help new entrants and ambitious farmers access the tools and machinery they need to scale effectively. By backing Britain’s young farmers, Alchemy supports both farming economic growth and the future resilience of the agricultural sector.